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Author Topic: What is the safest and simplest way to keep bitcoins?  (Read 7638 times)
avw1982
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December 01, 2015, 04:38:58 AM

I think blockchain
Not only blockchain We have coinbase and many more But the thing is How we maintaning with safety and secure to our wallet thats only matters. We have secure with two factor authentication for wallet and keep it safe. else others way is save in paper wallet dude.
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WaterSupply
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December 03, 2015, 01:27:33 AM

Hello :-)

The safest way to keep bitcoins is paper wallets. You can have multiple copies in multiple location with no threat from hackers.

Cheers
noel2123
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December 03, 2015, 11:09:38 AM

what i do is I keep my bitcoins on my cold storage wallet for long term investment Smiley

zodiac3011
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December 03, 2015, 04:50:12 PM

what i do is I keep my bitcoins on my cold storage wallet for long term investment Smiley
but that may be not what the OP want. cold storage for long term how about short term? Electrum would be suitable
busybee7
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December 03, 2015, 09:34:14 PM

i strongly believe that the safest way to keep your coins is cold storage
calkob
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December 03, 2015, 10:41:10 PM

paper wallets offline......

www.bitaddress.org
ranochigo
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December 04, 2015, 01:54:01 AM

Hello :-)

The safest way to keep bitcoins is paper wallets. You can have multiple copies in multiple location with no threat from hackers.

Cheers
There is a threat. Currently, there is no easy way to spend it without risk of getting it compromised. Mycelium does have a cold storage feature but the coins might be hacked during the spending process. If you are going to use an old computer or raspberry pi, you are better off getting an Electrum client and operate it both offline and online. Just copy the seed multiple times and you would have redundancy.














 

 

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ronaldo40
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December 04, 2015, 02:00:53 AM

blockchain.info very safe, during this time I have never lost despite their problems quite well in keeping our balance Smiley

you can add 2FA to be a safer Smiley

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hasiramasenju
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December 04, 2015, 03:04:44 PM

during this time i always keeping my bitcoin in the blockchain wallet and my local exchange for me this is the safest way because i had never any problem from this also never got hacked
zodiac3011
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December 04, 2015, 03:10:23 PM

during this time i always keeping my bitcoin in the blockchain wallet and my local exchange for me this is the safest way because i had never any problem from this also never got hacked
who knows what will happen to those exchange??? you can take mtgox for an example Grin everything can happen and we just need to be cautious
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December 04, 2015, 03:31:43 PM

IMO the safest way to keep bitcoins is multiple paper wallets stored in safe locations like multiple bank vaults, the possibility of your funds being compromised is minimal since even if a bank is robbed the possibility of your codes being used before you use another copy to load them and send them away is relatively small, Hardware wallets are very expensive IMO and have the same vulnerabilities as saving your BTC in a computer.
notlist3d
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December 04, 2015, 03:35:53 PM

IMO the safest way to keep bitcoins is multiple paper wallets stored in safe locations like multiple bank vaults, the possibility of your funds being compromised is minimal since even if a bank is robbed the possibility of your codes being used before you use another copy to load them and send them away is relatively small, Hardware wallets are very expensive IMO and have the same vulnerabilities as saving your BTC in a computer.

Hardware is pretty hard to beat as far as safe storage that you can really access.  Paper wallet is a good option aswell if done right.

One thing I would do is not have a paperwallet with bitcoin all over it.  I would photoshop it or edit it somehow and put something like 'Link to family vacation 2014".... something a thief would care less about. 

Keep some in hot storage in case you need it.  But by far make sure majority is in cold wallet or hardware wallet.
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